1. Free Trade in the real World
Controversy over Globalization

2. Road to Globalization
Collapse of Communism (1990) & Advances in Technology
World movement towards Capitalism
National Government’s lose power
Free Trade requires a set of “rules”
WTO becomes Global Referee

3. World Trade Organization (WTO)
WTO Created 1995, based in Switzerland (replaced GATT)
146 Members - incl. ~ 100 Developing Countries
WTO Responsibilities:
Administering WTO trade agreements
Forum for trade negotiations
Handling trade disputes
Monitoring national trade policies
Technical assistance & training for Developing Countries

5. Protests against the WTO
1999 Seattle protest against the WTO

6. Commanding Heights Video Part II
Start 1:15 in

7. Who is watching the Environment? Negative Externalities?